American Green Inc (ERBB)

[PikersNeverProsper]

UPDATE: American Green & Truth Lighting.

I know many people have been eagerly waiting for a response on the existing relationship between Truth Lighting and American Green .... Well its simple, April of 2014 Aaron and Myself developed and created our M series fixtures, we had no financial backing only our product prototypes and a idea to run with. That's when we were introduced to Stephen and Michael of American Green ( The CEO and VP of Cultivation of AG ). They approached us with the fact that they had a growing publicly traded Cannabis company that was in need of a Lighting division.

They asked if they could purchase and buy Truth Lighting out right for a hefty sum. Being the men we are Aaron and my self are from a small town in MA and we never expected to become rich or live lavish lifestyles so we declined and asked if they could pay us each a salary that would comfortably pay our bills giving us stability.

We agreed we would maintain owner ship and handle all shipping and receiving along with customer service. Allowing AG to keep 100% of the profits made on all Truth Lighting sales, all they had to do was fund all of our endeavors meaning prototypes and operating costs of Truth Lighting inc.

At a later date we were to finalize all contracts and agreements with them paying to turn our inception of Truth Lighting into a entity and trademark our brand putting us into a binding relationship where Aaron and Myself would never be able to lose our positions and will maintain our salary and a 4% royalty on all products sold.
Well that later date never came, we lived up to our end. We were never put on a payroll we never received any stock or shares as promised. AG never made us into a Entity and never trademarked I had to do all of it on my own pocket. After I was told they were terminating our contracts and moving forward with our products.

This was all due to a huge misunderstanding which at this time has been worked out between the new CEO of AG and myself. Any existing customers with warranty issues may contact Truth Lighting directly @ 508 667 7686 ask for Seth Whitney.

American Green will still be a relationship we entertain with preferred pricing on all of their facilities. We will take over all existing customers and stores. We apologize for any inconvenience this may have caused anyone. We appreciate everyone's patience while we relaunch our company into the new year.

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